Stablepoint Partners LLC Has $7.03 Million Holdings in Capital One Financial Co. (NYSE:COF)

Stablepoint Partners LLC grew its holdings in Capital One Financial Co. (NYSE:COF) by 0.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 39,416 shares of the financial services provider’s stock after purchasing an additional 238 shares during the period. Capital One Financial comprises 1.3% of Stablepoint Partners LLC’s portfolio, making the stock its 14th largest holding. Stablepoint Partners LLC’s holdings in Capital One Financial were worth $7,029,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. FMR LLC boosted its stake in shares of Capital One Financial by 21.4% during the 3rd quarter. FMR LLC now owns 6,640,951 shares of the financial services provider’s stock worth $994,350,000 after acquiring an additional 1,169,395 shares in the last quarter. International Assets Investment Management LLC acquired a new stake in Capital One Financial in the 4th quarter worth approximately $130,683,000. Wellington Management Group LLP boosted its position in Capital One Financial by 268.7% during the third quarter. Wellington Management Group LLP now owns 975,439 shares of the financial services provider’s stock worth $146,052,000 after purchasing an additional 710,881 shares during the period. Southpoint Capital Advisors LP acquired a new position in Capital One Financial during the third quarter valued at approximately $104,811,000. Finally, Assenagon Asset Management S.A. raised its position in shares of Capital One Financial by 1,518.0% in the third quarter. Assenagon Asset Management S.A. now owns 412,355 shares of the financial services provider’s stock valued at $61,742,000 after purchasing an additional 386,870 shares during the period. 89.84% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the company. Barclays increased their target price on Capital One Financial from $219.00 to $220.00 and gave the company an “overweight” rating in a research note on Wednesday. Evercore ISI raised their price objective on shares of Capital One Financial from $163.00 to $184.00 and gave the stock an “in-line” rating in a research note on Wednesday, October 30th. Bank of America cut shares of Capital One Financial from a “buy” rating to a “neutral” rating and cut their target price for the company from $203.00 to $200.00 in a research note on Monday, December 9th. Keefe, Bruyette & Woods raised their price target on shares of Capital One Financial from $185.00 to $232.00 and gave the stock an “outperform” rating in a research report on Monday, December 9th. Finally, Truist Financial began coverage on shares of Capital One Financial in a research report on Tuesday, January 7th. They set a “buy” rating and a $229.00 price objective for the company. Ten research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to MarketBeat.com, Capital One Financial currently has an average rating of “Hold” and a consensus target price of $190.47.

Capital One Financial Price Performance

Capital One Financial stock opened at $203.32 on Friday. The business’s fifty day moving average is $185.08 and its two-hundred day moving average is $162.42. The firm has a market cap of $77.51 billion, a P/E ratio of 17.54, a P/E/G ratio of 1.29 and a beta of 1.46. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.00 and a current ratio of 0.98. Capital One Financial Co. has a 52 week low of $128.23 and a 52 week high of $207.24.

Capital One Financial (NYSE:COF) last issued its quarterly earnings results on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share for the quarter, beating analysts’ consensus estimates of $2.78 by $0.31. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. The business had revenue of $10.19 billion during the quarter, compared to analyst estimates of $10,220,675.12 billion. During the same quarter last year, the business posted $2.81 earnings per share. Capital One Financial’s revenue for the quarter was up 7.2% compared to the same quarter last year. Equities research analysts forecast that Capital One Financial Co. will post 15.22 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, November 22nd. Stockholders of record on Thursday, November 14th were paid a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 1.18%. The ex-dividend date was Thursday, November 14th. Capital One Financial’s dividend payout ratio (DPR) is presently 20.71%.

Insider Activity at Capital One Financial

In other Capital One Financial news, insider Mark Daniel Mouadeb sold 1,994 shares of the firm’s stock in a transaction dated Tuesday, November 5th. The stock was sold at an average price of $162.37, for a total transaction of $323,765.78. Following the transaction, the insider now owns 19,776 shares in the company, valued at approximately $3,211,029.12. This trade represents a 9.16 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Michael Zamsky sold 10,541 shares of the business’s stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of $190.26, for a total value of $2,005,530.66. Following the transaction, the insider now owns 26,482 shares of the company’s stock, valued at $5,038,465.32. The trade was a 28.47 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 13,256 shares of company stock worth $2,462,487 over the last 90 days. Insiders own 1.30% of the company’s stock.

About Capital One Financial

Capital One Financial Corporation operates as the financial services holding company for the Capital One, National Association, which engages in the provision of various financial products and services in the United States, Canada, and the United Kingdom. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.